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Why shipping is finding it tough to break IPO drought

A three-year drought for shipping IPOs in New York looks set to continue as the industry digests the fizzling out of the GoodBulk and now the Navios Maritime Containers deals. The record raises the question of whether good timing for shipping players may not be the right time for US investors, who continue to struggle with the industry’s counter-cyclicality mantra

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Postponement of Navios Containers’ planned initial public offering illustrates again that US investors can be impervious to the charms of shipping’s counter-cyclical wisdom

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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